What happened
Shares of Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) fell 9.3% and 8.5%, respectively, amid a brutal sell-off in technology stocks on Thursday.
Wall Street's main indexes closed sharply lower on Thursday, marking their deepest one-day declines since June as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
Looking at the sectors faring worst as of midday Thursday, shares of Technology & Communications companies are underperforming other sectors, showing a 4.3% loss. Within the sector, NVIDIA Corp (Symbol: NVDA) and Qorvo Inc (Symbol: QRVO) are two large stocks that are lagg
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available today, for the October 23rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new October 23rd contracts and identified one put and one c
The S&P 500 and Nasdaq were set to ease from record levels at the open on Thursday as a rally in technology stocks cooled and elevated levels of weekly jobless claims fueled worries about a struggling U.S. labor market.
U.S. stock index futures dipped on Thursday as a rally in technology stocks cooled and investors looked forward to data on weekly jobless claims as well as business surveys for more clarity on the path to economic recovery.
South Korean shares were set to gain for a third straight session on Thursday, following Wall Street's overnight rally, boosted by Samsung Electronics after U.S. firm Nvidia said the company would manufacture a series of powerful gaming chips.
The S&P 500 closed higher on Wednesday for the ninth time in the past 10 sessions, with defensive and value stocks taking their turns to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
The S&P 500 closed higher on Wednesday for the ninth time in the past 10 sessions, with defensive and value stocks taking their turns to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
What happened
NVIDIA (NASDAQ: NVDA) delivered robust operating results when it reported its fiscal second-quarter earnings on Aug. 19. Investors loved it, sending the stock up 26% for the month, according to data provided by S&P Global Market Intelligence.
The S&P 500 rose on Wednesday for the ninth time in the past 10 sessions although defensive sectors took their turn to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions although defensive sectors took their turn to lead the charge after data showed U.S. private payrolls expanded last month, but at a slower-than-expected pace.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.